Physical demand out of China boosting the Gold Market

When you are buying Physical Gold you do not care what the margin is says futures trader Lou Grasso, Millennium , a lot of the demand these days is physical demand out of China he added I spoke on your show in the middle of last week and i was an advocate in raising the margins. do i think that's really going to stop people from coming in? no. because a lot of the demand for gold these days is etf demand and physical demand. physical demand out of china and Asia is really driving the market these days. obviously if you're buying physical you don't care what the margin is."Lou Grasso told CNBC

Bob Chapman : The correction in Gold & Silver already happened , good time to buy

Bob Chapman - The Financial Survival - 26 September 2011 : the correction in Gold and Silver market already happened at these levels , this is a great opportunity to buy more physical gold and silver , if it is a bottom that's great if it is close that's OK and I am going to be buying today says bob Chapman , these markets are all manipulated it is ridiculous , you can't use charts forget about it ....

Marc Faber : Gold Price Could Fall to $1100 an ounce

Dr Boom Gloom and Dom Marc Faber told CNBC this morning that he expects Gold to continue to fall "We overshot on the upside when we went over $1,900," he said "We're now close to bottoming at $1,500, and if that doesn't hold it could bottom to between $1,100-$1,200." he added , so may be we won't see the $2000/oz this year as expected , Dr Marc Faber said that he will purchase more gold in a couple of days , so use these god given dips wisely and load on gold and silver , although the price might not recover quickly as he said ....